Using Fast Posting Codes

  • 23/05/2024
  • 2 minutes to read

To make it easier to assign business transactions to the correct G/L accounts, you can use the Fast Posting Codes feature. This feature allows you to quickly and efficiently assign accounts with just a keyword. It also adds the Fast entry code column to the Cash Book and the Extended Incoming Payments Ledger for even smoother entries.

Note

The Using Fast Posting Codes feature is part of the Essential module that you can use free of charge. Go to the Introduction to the Essential Module article to learn more about activating the module.

To add a fast posting code:

  1. Select the Search icon, enter Fast Posting Codes, and then select the related link.

  2. Select New.

  3. For the new Fast Posting Code, enter the following information:

    FieldDescription
    CodeEnter a useful code, for example Utility Germany.
    Posting DescriptionEnter the posting text for the book sheet line. For example, Water, Electricity, and Gas (DE).
    Account NumberSelect the account or multiple accounts to which you want to allocate the expense.

If you access a general journal, the Fast Posting Code column will appear. Once you enter the code, the system will automatically add the account number and details.